Company Update (NASDAQ:CMCSA): Comcast to Host First Quarter 2016 Earnings Conference Call

[Business Wire] – Comcast Corporation will host a conference call with the financial community to discuss financial results for the first quarter on Wednesday, April 27, 2016 at 8:30 a.m. Eastern Time . Read more on this. Comcast Corporation (CMCSA) , valued at $146.32B, started trading this morning at $59.31. Today, shares have traded between $58.63 and $60.29 per share and has traded between $50.00 and $64.99 over the past 12 months. CMCSA shares are currently priced at 16.78x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -3.01x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $1.10 per share annually in dividends, yielding 1.86%. According to a consensus of 25 analysts, the earnings estimate of $0.79 per share would be $0.02 worse than the year-ago quarter and a $0.06 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $3.54 would be a $0.30 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $18.68 Billion. If reported, that would be a 4.65% increase over the year-ago quarter. In terms of ratings, Argus upgraded CMCSA from Hold to Buy (Feb 5, 2016). Previously, Sun Trust Rbsn Humphrey Initiated CMCSA at to Neutral. The average price target for CMCSA shares is $69.44, which is 17.08% above where the stock opened this morning. See more in (NASDAQ:CMCSA) Similar Articles: Company Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast Corporation (Nasdaq: CMCSA) and SNY to Ring The Nasdaq Stock Market Closing Bell Stock Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast Adding More Than 200 Jobs In Connecticut In 2016 Company Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast to Host Fourth Quarter and Full Year 2015 Earnings Conference Call